(Topic ID: 233111)

2019 New Pinball purchase will be taxed.

By mnpinball

10 months ago

Topic Stats

  • 586 posts
  • 154 Pinsiders participating
  • Latest reply 5 months ago by SadSack
  • Topic is favorited by 18 Pinsiders


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    Topic index (key posts)

    8 key posts have been marked in this topic

    Post #297 Comments from a distributor. Posted by KingPinGames (10 months ago)

    Post #304 More info from a distributor. Posted by KingPinGames (10 months ago)

    Post #355 Economic nexus test, uses Louisiana as an example. Posted by iceman44 (10 months ago)

    Post #415 Comment from distributor. Posted by Gexchange (10 months ago)

    Post #465 State by state tracker. Posted by flynnibus (10 months ago)

    Post #505 Some expierence for 2019 and suggestions. Posted by Pinzap (10 months ago)

    Post #513 Break down of thresholds state by state Posted by Hemispheres (10 months ago)

    Topic indices are generated from key posts and maintained by Pinside Editors. For more information, or to become an editor yourself read this post!

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    #114 10 months ago

    I think we should all just make ourselves operators, take a tax write off for depreciation on our machines, and get the money back... but then we have to start paying to play our own machines, but, heck if all I do is pull the quarters out of the coin box and slip them back in the slot, then pay myself to do this, and take all my business expenses and deducions, that means my travel and accommodations to pinball shows would now be deductible too, then why are we not doing this?
    Oh yeah, you have to show a profit or they consider your a hobby. Well if my revenue is more than my expenses, that means I have a profit and have to pay taxes on that, but I can adjust the profit by how much I play my machines, so just enough profit to be considered a business, but not too much to incur more tax.

    Wait a second... that’s what you operators are really doing isn’t it? Making money AND paying less taxes AND playing pinball for free. You bastards.

    #175 10 months ago

    My head is spinning... maybe due to this thread swirling down the toilet... not sure yet.

    #181 10 months ago
    Quoted from Zablon:

    It's taxes, did you think it was going to be rainbows?

    I was hoping for Unicorn farts and lollipops lol

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